Trump warns Netflix’s $83bn deal for Warner Bros poses competition concerns
Trump warns Netflix’s $83bn deal for Warner Bros poses competition concerns
President promises to get involved personally in controversial takeover called ‘unprecedented’ by ex-regulator boss
Donald Trump has warned there could be competition problems around Netflix’s $83bn (£62bn) deal to buy Warner Brothers’ movie studio and streaming networks.
The US president, speaking at an event in Washington DC on Sunday, confirmed he would be involved personally in the decision about whether the government would approve the takeover.
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Source: Original business report via Business | The Guardian